Loss in Profit

ONGC Registers Rs 1238 Cr Impairment Loss As Q2FY21 Net Profit Decline By 55 %

"The revenue and profit-after-tax (PAT) for Q2 and H1 of FY'21 have declined as compared to corresponding period of FY'20 mainly due to lower crude oil price realisation. Lower gas prices also contributed to lower topline and bottomline," it said.